GP Practice - Mergers and Acquisitions – A summary of the legal, financial and premises issues

Partner, Mark Jarvis was joined by James Gransby, partner at Azets and James Williams, Director and Managing Surveyor at BW Health Surveyors.

Together they covered:

• The similarities and differences between a merger and an acquisition
• The stages – due diligence, stakeholder consents and legal documentation (governance and transactional)
• leasehold/freehold - premises condition and leasehold liabilities 
• asset performance/utilisation 
• accountancy aspects to consider on merger including the assessment of profit per partner session and effect on remuneration alignment
• tax due diligence considerations and capital gains tax